# Intel buys quantum software firm Classiq for $2.3bn

> Intel acquires Israeli startup Classiq to build a complete quantum computing business combining processors and software.
- Title: Intel buys quantum software firm Classiq for $2.3bn | Shortify
- Summary: Intel acquires Israeli startup Classiq to build a complete quantum computing business combining processors and software. Intel is buying quantum software…
- Keywords: intel, classiq, quantum computing, acquisition, israel, software, technology, startups, buys, quantum, firm, 3bn
- Source: The Next Web — https://thenextweb.com/news/intel-classiq-quantum-acquisition
- Author: Cristian Dina
- Published: 2026-10-27T14:24:06+00:00
- Read time: 1 min
- Topics: intel, classiq, quantum computing, acquisition, israel, software, technology, startups
## Intel buys Classiq for $2.3bn
Intel has agreed to buy Classiq, an Israeli startup making software for programming quantum computers. Bloomberg reported the deal is worth about two point three billion dollars.
## What Classiq does
Classiq's platform lets developers describe what they want a program to do, then designs the quantum circuit automatically. It works across different quantum hardware types. Customers include BMW and HSBC.
## Intel builds a full stack
Intel has worked on quantum computing since two thousand fifteen. Adding Classiq gives it both processors and software. The deal closes in the first half of twenty twenty-seven, subject to regulatory approval.

> Joining forces with Classiq transforms Intel's Quantum Computing Group into a full-stack quantum computing business.
## Key takeaway

Intel is buying quantum software startup Classiq for about two point three billion dollars to combine its quantum processors with programming tools.